en
Back to the list

Zebec Adds Rewards to Payroll Balances

source-logo  cryptonews.net 1 h
image
Ekaterina Bogatyreva

Zebec Network, an onchain payroll and payments platform, has partnered with Solstice Finance, an institutional yield protocol on Solana, to introduce $USX across its payroll infrastructure. The integration will allow companies to earn rewards on payroll funds held before they are paid out.

Companies usually add funds to their payroll balances before payday, leaving the money unused until payments are processed. With $USX, these prefunded balances can earn rewards through Solstice’s programme during this period. Employees will continue to receive their pay through Zebec without changing how they use the service.

$USX can also be received directly through a Zebec debit card. Users can spend the balance in the real world or withdraw it to a wallet when needed, while one $USX is treated as one dollar for spending.

Image: Magnific